These Analysts Increase Their Forecasts On Ralph Lauren Following Strong Earnings

Ralph Lauren Corporation (NYSE:RL) reported better-than-expected second-quarter financial results on Thursday.

Quarterly adjusted earnings per share of $2.54, topped the consensus of $2.41. Quarterly revenues of $1.726 billion beat the street view of $1.677 billion.

Patrice Louvet, President and Chief Executive Officer, commented, "Our strong business performance across every geography this quarter underscores the resilience of our diversified growth drivers and our elevated consumer base, giving us confidence to take up our financial outlook for the full fiscal year ahead of the all-important holiday season."

Fore third quarter, Ralph Lauren expects constant currency revenues to grow approximately 3% ...